Watch List notes:

Lima, Peru, bust 8 reales, Ferdinand VII transitional (smaller "imaginary" bust), 1810 JP, NGC AU 55. Cal-1241; KM-106.2. Richly toned over luster, some weak strike in addition to light high-point wear, with trace of surface porosity and die-rust near rims, scarce and desirable type.
($350-500)